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State: Virginia
I recently purchased a home back in August, and did a rent back to the Sellers until end of September. After closing, we had [Buyers] did a walk through with a Home Inspector and didn't turn up anyt...
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Hey BP community,
I have a question regarding a 1031 exchange with my parents. They want to sell an investment property and use the 1031 exchange proceeds to help with putting a down payment on a house for my famil...
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I have seen a couple of houses with termite test kits, and have thought about getting them for my other rentals (single family homes). Is this a beneficial use of my money? What are the pros and cons?
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I’m closing on a property with some mold in the attic. The seller said he will treat the mold himself before closing. Should we require him to get a mold inspection letter afterward saying mold is remediated? If we do...
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I’ve seen a few posts in this forum that recommend handling lease paperwork for a prospective tenant at their current residence as a way to see how they will treat your place, like how clean they will keep it. Great i...
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Hi All, Just looking for some advice and recommendations for an excellent CPA. I purchased my first fix & flip in March this year in Charlotte, NC. Purchased all cash from a wholesaler. After reading various sourc...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $185,000
Cash invested: $45,000
This is a townhome purchased as new construction.
What made you interested in investin...
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Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...
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2019 is the first year we start to receive rental income. We have 2 rental units located in different parts of new york city. My husband and I both work full-time W-2 jobs. We manage the units ourselves and one of the...
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I am wondering... should I have a copy of key to every room within the apartment? I wonder if this would be an invasion of privacy. With 1 unit, there are 2 people living there, with their respective bedroom being the...